Worries over China's loan quality hurt equity inflows

Confidence over China's economic growth prospects has been the main driver of inflows to equity markets in the mainland as well as to Asia and emerging markets. But this months' sell-off in Chinese shares has affected sentiment for other markets and has put the steady stream of inflows on hold. Equity funds worldwide posted a net outflow of $3.33 billion in the week ending August 19, according to data from Massachusetts-based EPFR Global, which tracks more than $10 trillion in fund a…